On November $15,2023,$ Henry$$s Restaurant Group $($HRC$),$ a calendar year, cash basis taxpayer, prepaid $$9,000$ to Secure Systems on a contract to monitor HRC$\text{'}$s security system.$$For tax accounting purposes:

Group of answer choices

HRC must capitalize and amortize the prepaid expense.

If the contract term begins on January $1,2024$ and ends on December $31,2024,$ HRC is allowed to deduct the $$9,000$ expense in $2023.$

If the contract term begins on January $1,2024$ and ends on June $30,2025,$ HRC is allowed to deduct the $$9,000$ expense in $2023..$

If the contract term begins on December $1,2023$ and ends on November $30,2024,$ HRC is allowed to deduct $$750$ of the expense in $2023.$